investor trip: suriname - greenheart group
TRANSCRIPT
INVESTOR TRIP: SURINAME 7-9 November 2011
Private & Confidential | Greenheart Group
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Disclaimer
This document and subsequent discussion may contain certain forward-looking statements with respect to the financial conditions, results of operations and business of Greenheart Group Limited and its subsidiaries (“the Group”). These forward-looking statements represents the Group’s expectations or beliefs concerning future events and involving known and unknown risks and uncertainties which could cause actual results, performance or events to differ materially from those expressed or implied in such statements.
This document does not constitute, or form any part of, and is not to be construed as an offer, invitation or solicitation to buy or sell any securities of any of the companies referred to herein and any opinions expressed are subject to change without notice. The value of any investments referred to herein and the income derived there from may fall or rise against the investors’ interest and past performance is not a guide to the future.
No representation or warranty, express or implied, is given by the Group or any of its directors, partners, officers, employees or professional advisers as to the accuracy, completeness or fairness of the information or the opinions contained in this document and no responsibilities or liabilities is accepted for any such information or opinions or errors or omissions.
This document is being supplied to you solely for information and may not be reproduced or redistributed in whole or in part to any other person for any purpose. In addition, this document is being provided to you on the basis that it is kept confidential any information contained herein or otherwise made available in connection with the Group must remain confidential.
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Site visit to Greenheart’s Suriname operations for key investors
The trip was held on 7 – 9 November 2011
Basic itinerary:- Day One: Paramaribo Day Two: West Suriname Day Three: East Suriname
Trip Overview
Introduction
Greenheart Group conducted its first investor trip to Suriname in November 2011.
The purpose of this trip was to allow investors and key market commentators to:
Visit both regions of concessions
Have an opportunity to speak to the Stichting voor Bosbeheer en Bostoezicht (“SBB” – Suriname’s appointed agency for forestry concession management) about Greenheart’s operations, strategy and ownership
Meet key operational management and staff
Understand Greenheart’s operational strategy in Suriname
Understand how selective harvesting is conducted in Suriname
Map of Site Visits
Attendees
Representatives from the following organizations attended the trip:-
GEMS Omnium Capital Credit Suisse
Day Two Day Three
Day One
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Trip Overview
Lake Brokopondo, Greenheart Photos
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Day One: Paramaribo
Photo: Greenheart’s Suriname Headquarters, Greenheart Photos
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Meetings held at Greenheart’s new office based in Paramaribo
Presentations from Greenheart’s management team including Greenheart Group COO Andy Fyfe, Forest Technologies CEO Ty Wilkinson and West Suriname COO Paul Westbrook
Investors were given the opportunity to ask Mr. Pearl Jules, General Director of SBB questions regarding Greenheart’s ownership, operations and strategy
Presentation on sustainable forestry management
Day One: Paramaribo
Introduction Tour Of Facility
Greenheart meeting with Mr Jules (CEO of SBB) Log Inspection
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Day Two: West Suriname
Photo: Aerial view of Suriname Forests en-route to Greenheart Concessions, Greenheart Photos
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Investors flew by light aircraft to Apura to visit Greenheart’s Western Concessions
Investors visited the newly constructed log yard where logs are sorted and processed for maximum value recovery
Addition of new horizontal sawmill which is electronically controlled for greater efficiency and greater safety
Foundations have been laid for new sawmill and new steel structure is being erected
Day Two: West Suriname
Central Log Yard New Horizontal Sawmill
New foundations for extra sawmill lines Travel via light aircraft
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9 Private & Confidential | Greenheart Group Apura Sawmill, Greenheart Photos
Log Yard – Epro Concession
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Day Three: East Suriname
Photo: Greenheart’s Western Concession, Greenheart Photos
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Investors traveled by road and by boat to Greenheart’s Eastern Concession
investors toured new forest headquarters, forest access road, and proposed sawmill site and were given a demonstration on directional felling to minimize disruption to the forest
Informing investors about sustainable harvesting methods including reduced impact logging and selective harvesting
Day Three: East Suriname
Greenheart staff house Jungle Trekking
Directional felling demonstration Sustainable harvesting demonstration
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Concession 706, Greenheart Photos
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Greenheart Investor Trip 2011
Photo: Greenheart employees with investors
www.greenheartgroup.com
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Contact:
David Wu, Vice President of Corporate Development & Investor Relations
Private & Confidential | Greenheart Group